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POOLMASTER

Active
Private limited companyfounded 2023active for 3 yearsVeldlei 8A, 2970 Schilde, BelgiumKBO/BCE: BE 1000.566.183
Summary

The computed 12-month bankruptcy probability of POOLMASTER is 2.8% (moderate). The 2025 annual accounts show equity of €11,641 and a net result of €9,788. Its solvency ranks better than 34% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€36,312total assets 2025
Equity
€11,641
Profit
€9,788
Turnover not published (micro format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Structure
2025 accounts 2 days early
Why 52raises riskFounded in 20231 of the last 3 late1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 29-07-2026)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 61% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 57-43
equity 32.1% of total assets
Liquidity 30-69
short-term debt 67.9% · cash 12.9%
Profitability 100+100
return on assets 27.0%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 2.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.4%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.3 percentage points vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025 07-2025: 2.9%▼ -0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +0.1 percentage points vs 07-2025 09-2025: 3.3%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 0.8%▼ -2.5 percentage points vs 09-2025lowest value 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 1.7%▲ +0.9 percentage points vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.2 percentage points vs 03-2026 05-2026: 2.1%▲ +0.2 percentage points vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.6 percentage points vs 07-2026 09-2026: 2.8%● unchanged vs 08-2026 10-2026: 2.8%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.47, below the usual 1.5; short-term debt: 67.9% and cash: 12.9% of total assets), and 67.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 34% on solvency, 18% on liquidity, 92% on profitability and 99% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 29-07-2026)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
2 days early
2024
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 15 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €9,788
  3. Resignations: Talia Rea Reyes (director) and…Appointment: VOF Pool Master (director)…

Financials · financial year 2025, micro format

Equity
€11,641▲ 528%
2024 · €1,853
Total assets
€36,312▲ 17×
2024 · €2,080
Net result
€9,788
2024 · -€3,147
Working capital
€11,641▲ 528%
2024 · €1,853
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €12,042 after a loss of €3,071 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€12,042 2025 Net result€9,788 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€3,071-€12,042
Net result-€3,147below the sector's middle half-€9,788within the sector's middle half
Equity€1,853below the sector's middle half-€11,641below the sector's middle half▲ 528%
Total assets€2,080below the sector's middle half-€36,312below the sector's middle half▲ 17×
Debt€228-€24,672▲ 108×
Working capital€1,853below the sector's middle half-€11,641within the sector's middle half▲ 528%
Solvency32.1%within the sector's middle half
Current ratio1.47within the sector's middle half
Return on assets (ROA)27.0%above the sector's middle half
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €36,312
Equity €11,641 ▲ 528%
Debt €24,672 ▲ 108×
Debt's share of the balance-sheet total rises from 10.9% to 67.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.12
ROE
84.1%
Debt ≤ 1 year
€24,672▲
2024 · €228
Income taxes
€2,214
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,080€36,312▲
Current assets29/58€2,080€36,312▲
Amounts receivable within one year40/41€677€31,644▲
Trade receivables40€631€31,644▲
Other amounts receivable41€46-
Cash at bank and in hand54/58€1,403€4,668▲
Equity and liabilities
Total equity and liabilities10/49€2,080€36,312▲
Equity10/15€1,853€11,641▲
Contributions10/11€5,000€5,000=
Reserves13-€6,641
Distributable reserves133-€6,641
Profit (loss) carried forward14-€3,147-
Amounts payable17/49€228€24,672▲
Amounts payable within one year42/48€228€24,672▲
Trade debts44€228€19,910▲
Suppliers440/4€228€19,910▲
Taxes, remuneration and social security45-€4,761
Taxes450/3-€4,761
Income statement Code20242025
Other operating charges640/8€890€520▼
Gross operating margin9900-€2,182€12,562▲
Operating profit (loss)9901-€3,071€12,042▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€76€40▼
Recurring financial charges65€76€40▼
Profit (loss) for the period before taxes9903-€3,147€12,002▲
Income taxes67/77-€2,214
Profit (loss) for the period9904-€3,147€9,788▲
Profit (loss) for the period to be appropriated9905-€3,147€9,788▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,147€6,641▲
Profit (loss) brought forward from the previous period14P--€3,147
Transfer to equity691/2-€6,641
To other reserves6921-€6,641

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€890€520▼ 41.6%
Gross operating margin9900-€2,182€12,562-
Operating profit (loss)9901-€3,071€12,042-
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B€76€40▼ 46.7%
Recurring financial charges65€76€40▼ 46.7%
Profit (loss) for the period before taxes9903-€3,147€12,002-
Income taxes67/77-€2,214-
Profit (loss) for the period9904-€3,147€9,788-
Profit (loss) for the period to be appropriated9905-€3,147€9,788-
Line20242025Change
Assets
Total assets20/58€2,080€36,312▲ 17×
Current assets29/58€2,080€36,312▲ 17×
Amounts receivable within one year40/41€677€31,644▲ 47×
Trade receivables40€631€31,644▲ 50×
Other amounts receivable41€46--
Cash at bank and in hand54/58€1,403€4,668▲ 233%
Equity and liabilities
Total equity and liabilities10/49€2,080€36,312▲ 17×
Equity10/15€1,853€11,641▲ 528%
Contributions10/11€5,000€5,000=
Reserves13-€6,641-
Distributable reserves133-€6,641-
Profit (loss) carried forward14-€3,147--
Amounts payable17/49€228€24,672▲ 108×
Amounts payable within one year42/48€228€24,672▲ 108×
Trade debts44€228€19,910▲ 87×
Suppliers440/4€228€19,910▲ 87×
Taxes, remuneration and social security45-€4,761-
Taxes450/3-€4,761-
Line20242025Change
Profit (loss) for the period9904-€3,147€9,788-
Operating cash flow (approximation)-€3,147€9,788-
Change in cash-€3,265-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 29-07-2026 2026-00349933
31-12-2024 micro format 31-08-2025 2025-00460933

Similar companies · same sector, comparable size

Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,432. 4,357 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
3 directors, no change since 2025

Board 3

Pool Master VOF
Director (not named in the articles) · since 22-10-2025 · Legal entity · permanent representative: Emil Onitiu
Current
REA REYES Talia
Director (not named in the articles)
Current
RUBIN Simon
Director (not named in the articles)
Current

Permanent representatives 1

Emil Onitiu
Permanent representative · since 22-10-2025 · for Pool Master VOF
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

3 people since 2023, 3 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
REA REYES Talia
  • Director (not named in the articles), from 27-09-2023 to 22-10-2025
  • Director (not named in the articles), from 27-09-2023 to date
RUBIN Simon
  • Director (not named in the articles), from 27-09-2023 to 22-10-2025
  • Director (not named in the articles), from 27-09-2023 to date
Pool Master VOF
  • Director (not named in the articles), from 22-10-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 04-10-2023 ↗
  • ONITIU Emil Petrica 26 shares (25.5%) · €1,274.52
  • REA REYES Talia 25 shares (24.5%) · €1,225.50
  • RUBIN Simon 26 shares (25.5%) · €1,274.52
  • SCHITTEKAT Wendy 25 shares (24.5%) · €1,225.50

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 04-10-2023 Incorporation · €5,000 · 102 shares

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 2 October 2023, POOLMASTER was incorporated as a private limited company by four natural persons, with a starting capital of €5,000.12 Of the 3 current board members, 2 have served since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-10-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €9,788
Net result €9,788 after one loss-making year.
19-11
Gazette deed Resignations: Talia Rea Reyes (director) and Simon Rubin (director)
Appointment: VOF Pool Master (director) · Permanent representatives: Emil Onitiu, Johan Jacobs and 5 others · Director discharge14 facts ▸
  • General meeting, 22-10-2025
  • Director resignation, Talia Rea Reyes (director (not named in the articles))
  • Director discharge, Talia Rea Reyes (director (not named in the articles))
  • Director resignation, Simon Rubin (director (not named in the articles))
  • Director discharge, Simon Rubin (director (not named in the articles))
  • Director appointment, VOF Pool Master (director (not named in the articles))
  • Permanent representative, Emil Onitiu
  • Registered-office move, Veldlei 8A, 2970 's-Gravenwezel
  • Permanent representative, Johan Jacobs
  • Permanent representative, Kris Bollen
  • Permanent representative, Sylvie van Mol
  • Permanent representative, Greet Slegers
  • +2 further facts in this act
31-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 31 days late
2023
04-10
Gazette deed Incorporation
Appointments: REA REYES Talia (director) and RUBIN Simon (director) · Founding capital · Shareholding15 facts ▸
  • Founding capital, €5,000
  • Shareholding, 26, 1274.52 (2 times)
  • Shareholding, 25, 1225.5 (2 times)
  • Bank account, “geblokkeerde rekening, vennootschap in oprichting” (deed in Dutch)
  • Board rule, 2
  • Director appointment, REA REYES Talia (director (not named in the articles))
  • Director appointment, RUBIN Simon (director (not named in the articles))
  • Registered office clause, “2520 Ranst,Veenmolstraat 11” (deed in Dutch)
  • Other provision, “Overgangsbepalingen, eenparig door comparant” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten door comparant in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
  • Founder, ONITIU Emil Petrica
  • Founder, REA REYES Talia
  • +3 further facts in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded02-10-2023
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
42990Civil engineering
43212Electrical installation work in industrial facilities
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000566183
Also 9925:BE1000566183
Registered 24-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1000.566.183

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
256 m²
Building footprint
73 m²
Building volume
381 m³
Parcel 11041B0312/00S008, Flanders · tallest building 8.4 m. Linked by address, not a title deed.
1 establishment unit
POOLMASTER
Veldlei 8A, 2970 SchildeOther specialised construction activities
since 2023unit no. 2.351.747.776
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11041B0312/00S008 Flanders 256 m² 1 · 73 m² 8.4 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Aanleg en onderhoud van zwembaden,terrassen,tuinen; Het bouwen van houten bijgebouwen of constructies” (deed in Dutch)
2 activities (deed in Dutch)
  1. Aanleg en onderhoud van zwembaden,terrassen,tuinen
  2. Het bouwen van houten bijgebouwen of constructies

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
POOLMASTER
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime” (deed in Dutch)

deed of 04-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders,natuurlijke of rechtspersonen,al dan niet aandeelhouder, algemene vergadering bepaalt aantal,duur en bij meerdere…” (deed in Dutch)
“Vergoeding bestuurders, algemene kosten,los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)

deed of 04-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam met vermeldingen WVV,inzage voor aandeelhouders betreffende hun effecten” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Geen beroep op rechter tegen weigering, elke overdracht onder levenden ten bezwarende of kosteloze titel,vrijwillig of gedwongen…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte van nieuwe aandelen-Recht van voorkeur, bestaande aandeelhouders naar evenredigheid van aantal aandelen” (deed in Dutch)

deed of 04-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“TITEL V. ALGEMENE VERGADERING Artikel 16. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)

deed of 04-10-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…” (deed in Dutch)

deed of 04-10-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Beraadslagingen algemene vergadering, meerderheid van stemmen ongeacht vertegenwoordigde effecten,behoudens wet of statuten” (deed in Dutch)
Other provision: “Bestuursorgaan, drie weken” (deed in Dutch)
Other provision: “Bestemming van de winst–reserves, algemene vergadering” (deed in Dutch)
Other provision: “Bestuursorgaan, Uitkering interimdividenden” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief naar verhouding aantal aandelen,goederen in natura zelfde…” (deed in Dutch)
Other provision: “Mededelingen,aanmaningen,dagvaardingen,betekeningen geldig, Woonstkeuze” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, Gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen Wetboek van Vennootschappen en Verenigingen waarvan niet geldig afgeweken” (deed in Dutch)
Other provision: “Aandelen moeten bij uitgifte worden volgestort, Stortingsplicht” (deed in Dutch)
Other provision: “Bestuursorgaan bepaalt of alleen dan wel gezamenlijk, bestuursorgaan stelt toekenningen en verloning vast,kan elk ogenblik ontslaan” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering” (deed in Dutch)
Other provision: “Bestuurder,bij gebrek aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste, Zittingen-processen-verbaal” (deed in Dutch)
4 more provisions in the deed, see the deed of 04-10-2023

deed of 04-10-2023